Reasons Why The Crypto Dream Is Turning Into A Nightmare

Crypto Bans

One increasingly big problem for cryptocurrencies and developers is that some countries are banning them. China is the most noteworthy nation because of its economic power and a massive population. But other nations including Qatar and Morocco banned them completely.

Meanwhile, more states are bringing in tighter restrictions and regulations. These include increased taxes for investors as well as legislation around their use. This goes against the original ethos of this digital world and may kill the crypto dream. It remains to be seen how the West reacts (via Euro News).